Mr. Bull toke FKLI to reach another new high at 1253 and close 17 points higher to closed at 1251.5 in tandem with all regional market. 15 points range market ! At last look Dow Jones futures market also up 89 points at 9898. Hong Kong Hang Seng futures also closed at premium of 42 point compare to its cash market. Europe market also responded positively to the upward movement of most of the regional market except the Nikkei 225. Without having to elaborate more, all indicators will definitely shows bullish or buy signals. I think the crucial point here is to find an exit strategy to get off the bus instead of getting over excited with it. Overview : Bullish still but also overbought, market might pull back anytime.
When to buy : Better not chasing it, buy on dip with quick profit and stop loss.
When to sell : No short position. Just take profit.
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